USD/JPY Daily Outlook – Action Forex


Day by day Axes: (S1) 147.89; (P) 148.45; (R1) 149.20; more…

The bias throughout the day within the US greenback/JPY stays impartial at this stage. Whereas the restoration of 146.52 could prolong past that, the higher pattern ought to be restricted by 150.92 of the resistance. On the detrimental aspect, the straightforward assist of lower than 148.22 will result in a re -test 146.52 low first. Steady buying and selling is lower than 61.8 % courting again to 139.57 to 158.86 at 146.32 will pave the way in which to 139.57. Nevertheless, the decisive break of 150.92 will discourage this declining opinion and convert prejudice to the upward pattern to withstand 154.79 as a substitute.

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Within the largest picture, value actions are seen from 161.94 as an genuine sample of 102.58 (2021 low), with a lower from 158.86 as a 3rd station. A powerful assist from 38.2 % from 102.58 to 161.94 at 139.26 ought to be noticed for restoration. Nevertheless, a sustainable break from 139.26 will open a deeper lower within the medium time period to 61.8 % in 125.25.

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2025-03-18 06:53:42

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